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TikTok’s parent ByteDance Ltd generated more than US$17bil (RM74.08bil) in revenue and more than US$3bil (RM13.07bil) of net profit last year, figures that show the world’s most valuable startup is still growing at a brisk rate, according to people familiar with the matter.
After a short-lived stint as TikTok chief, Musical.ly co-founder Alex Zhu is returning to his ‘primary passion’
India is the biggest growth driver for TikTok followed by China, with 611 million and 196.6 million total downloads, respectively. Mayer, who will report directly to Zhang Yiming, will also serve as the chief operating officer of ByteDance.
The latest iteration in Square Enix Holdings Co’s Kingdom Hearts ‘Dark Road’ series has been delayed, according to the game’s official Twitter account.
Walt Disney Co's top streaming executive, Kevin Mayer, will leave the entertainment and theme parks giant to become the chief executive officer of TikTok, the popular video app owned by China's ByteDance Technology Co, the companies said on May 18.
Pandemic-era previews of next-generation home console games have been sporadic and short so far, but Fortnite creator Epic Games has offered a glimpse at what a game running on Sony's PlayStation 5 could look like.
Almost two months ago, Netflix said it would reduce video bit rates for 30 days in Europe, aiming to reduce bandwidth consumed by customers by 25% during the Covid-19 crisis.
With video gaming and esports one of the most ready-made transitions for sports fans during the coronavirus-induced shutdown, projections for industry-wide revenue are up. Way up.
YouTube on May 4 announced that streaming star PewDiePie will make the Google-owned video platform his exclusive online stage.
Retrogaming has never been easier. On sega.com, Internet users can access a multitude of classic video games for free.
Epic Games Inc, the Fortnite videogame maker and owner of the Houseparty app that has exploded in popularity during the pandemic, has held talks to raise a new round of funding valuing it above its last valuation of US$15bil (RM65.51bil), according to people familiar with the matter.